The Traderszone Network

Published in TZ Latest News 14 April, 2017 by The TZ Newswire Staff

Stocks Are Completely Mispricing the Risk of a Another Debt Ceiling Screw Up

While everyone continues to focus on Trump and his policies, a much larger issue looms.

That issue is the US debt ceiling.

The US Government hit its debt ceiling on March 16, 2017. The Government employed “extraordinary measures” to keep the Government open. At that time, Congress had a little over three weeks to deal with this issue.

Given how divided Congress has become, it’s no surprise this has gone nowhere. Congress left for its spring recess without fixing this.

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